[PENDING_REWRITE] Iran conflict impacts US energy

Fuel prices surged after US strikes on Iran, raising questions about energy costs for Americans. Crude oil prices rose 8% to $84 per barrel, the highest since July 2024. Gasoline averaged $3.11 per gallon. LNG prices climbed 45% in Asia and 30% in Europe. The Strait of Hormuz, handling one-fifth of global petroleum trade, faced disruptions as Iran threatened shipping. US is more insulated due to domestic production, but prolonged conflict could reshape forecasts. Experts say if conflict lasts 4-5 weeks, more serious production ramp-up discussions may begin. Electricity costs already rising across US as power demand grows for data centers.